YieldNest Adapts to EigenLayer's April Slashing Upgrade
YieldNest Adapts to EigenLayer's April Slashing Upgrade
🔥 Slashing Just Got Smarter
EigenLayer has implemented a significant slashing upgrade, marking a crucial step in restaking evolution. Key changes include:
- Operators must explicitly opt-in to slashable AVSs
- Introduction of Unique Stakes per AVS for isolated risk
- AVS-specific slashing conditions
YieldNest's response includes:
- Enhanced operator vetting
- Community-driven AVS selection
- Real-time monitoring via Hypernative Labs
- AI-powered capital allocation through MAX LRTs
User positions remain unaffected unless explicitly opted into slashable AVSs. All future integrations will include comprehensive risk disclosures and community review periods.
Check out @bootnodedev's thread and article on how YieldNest adapted to the April slashing upgrade on @eigenlayer. đź’Ş Another challenge tackled thanks to a great collab!
Eager to share results of our collaboration with @YieldNestFi to adapt the protocol to EigenLayer’s recent Slashing Upgrade! Here’s what we’ve done ⏬ 🛠️
GENIUS Act Sets Path for Treasury-Backed Stablecoins
The GENIUS Act legislation establishes regulatory framework for stablecoins, requiring Treasury backing and transparency standards. Key points: - Stablecoins must be fully backed by US Treasuries - Focus on security and transparency - Senator Bill Hagerty suggests potential boost to Treasury markets This development opens doors for new yield strategies leveraging: - Ethereum (ETH) - Bitcoin (BTC) - Additional digital assets *The regulatory clarity could accelerate mainstream stablecoin adoption while ensuring consumer protection.* Want to learn more about stablecoin regulations? Join our [Discord community](https://discord.gg/yieldnest)
EigenLayer's EigenCloud: Building the Foundation for Trustless Infrastructure
EigenLayer is developing EigenCloud, a verifiable cloud infrastructure for crypto applications. Key achievements include: - Over $10B in ETH and EIGEN staked - Thousands of operators from individual stakers to major players like Coinbase and Google Cloud - EigenDA delivering 15MB/s on mainnet, 50MB/s on testnet - $2B+ in value secured by EigenLayer infrastructure The platform aims to function like AWS for trust, enabling developers to deploy verifiable services, privacy layers, and AI inference networks. Notable implementations include Earnifi, currently the top paid finance app in Apple's App Store. YieldNest plans to leverage this technology for their upcoming product lineup.
Real World Assets Moving On-Chain: YieldNest Teases New RWA Product
A significant development in the real-world assets (RWA) space is approaching with the anticipated launch of $ynRWAx. This follows recent momentum in RWA adoption: - Increased tokenization of traditional treasury assets - Growing stablecoin integration in traditional finance - Enhanced infrastructure for on-chain RWA handling The move signals continued expansion of traditional financial assets into blockchain ecosystems, building on existing market trends and infrastructure developments. Want to learn more? Follow developments of $ynRWAx in the coming weeks.
YieldNest Surpasses $500M Total Protocol-Wide TVL
YieldNest's May performance report for ynBNBx shows strong metrics: - **TVL**: 22,379.81 BNB (~$14.6M USD) - **APY**: 10.79% average - **Yield**: +12.95 BNB generated primarily from Binance Launchpool Strategy allocation: - ynClisBNB: 62.61% - ynWBNBk: 20.33% - ynAsBNBk: 15.20% - wBNB: 1.86% Security features include audits by Zokyo, Composable Security, Llamarisk, and NFR, plus 24/7 AI monitoring. Future plans include evaluating Binance Megadrops and upgrading liquidity buffer mechanisms. [Full report](https://gov.yieldnest.finance/t/yieldnest-monthly-report-ynbnbx-may-2025/177)